Land for Sale in Sangotedo, Ajah, Lagos - 900 sqm

Monastery Road, Sangotedo, Lagos

₦150,000,000

900

sqm

Land

Unspecified

About this property

This land parcel offers a unique opportunity for investment in the growing Sangotedo area of Ajah, Lagos. With an area of 900 square meters, it comes with a Lagos State Certificate of Occupancy, ensuring secure ownership and access for future development. The property is part of a larger allocation comprising 25 plots, with each plot valued at ₦50 million. This presents a substantial total land value of ₦1.25 billion for serious investors looking to enter this expanding market. The layout allows for various development possibilities, catering to both residential and commercial needs, making it a versatile choice for potential buyers. In terms of financial structure, the investment includes a premium of ₦150 million along with a facilitator's fee, which covers 5 plots of land plus an additional ₦15 million in cash. This arrangement facilitates access to a significant portion of land within a desirable area, reflecting the potential for high returns as the region continues to develop. Sangotedo is known for its rapid growth and increasing demand for real estate, driven by infrastructure developments and a rising population. This strategic location positions investors advantageously within a market that shows promising signs of appreciation and potential for various projects. The opportunity is time-sensitive, appealing to those ready to act in this competitive landscape.